Credit Analyst

Credit Analyst Overview

• The Credit Analyst role is a contract position requiring expertise in credit administration and structured trade finance.
• This position involves administering credit transactions, ensuring compliance with internal and regulatory standards.
• The role offers an opportunity to work onsite in a dynamic and collaborative environment.
• Candidates will gain exposure to SAP systems and regulatory reporting processes.
• The position is for 4-6 months with potential for permanent placement.
• Work hours are 9-5 with an hour unpaid lunch, providing a structured schedule.
• The role requires a dependable work ethic and attention to detail.
• Candidates will collaborate with a team of experienced credit professionals.
• This position offers competitive hourly compensation and potential career growth.

Credit Analyst Key Responsibilities & Duties

• Administer existing and new credit transactions, ensuring compliance with internal and regulatory standards.
• Record credit transactions in designated systems such as SAP.
• Monitor scheduled payments, invoicing, and review dates for accuracy.
• Manage and monitor collaterals, including valuation and reconciliation.
• Process letters of credit, guarantees, and loan loss reserves.
• Prepare regulatory reports, including SNC reporting.
• Verify conditions precedent and ensure data quality in credit systems.
• Collaborate with the credit team to ensure operational efficiency.
• Provide detailed documentation and support for credit administration processes.

Credit Analyst Job Requirements

• Bachelor of Science degree preferred; formal credit administration training required.
• Minimum of 5 years of credit administration experience; 8 years preferred.
• Proficiency in MS Office; SAP experience highly desirable.
• Experience with structured trade finance and processing letters of credit.
• Strong verbal and written communication skills; German language skills a plus.
• Knowledge of BaFin and ECB regulations is advantageous.
• Detail-oriented and committed to maintaining data accuracy.
• Ability to work onsite and adhere to a structured schedule.
• Team player with a dependable work ethic and collaborative mindset.